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3661 Craigmillar Ave, Saanich

MLS® #1025398
About this Property

Exceptional Maplewood Development Opportunity – Large Flat Lot with SSMUH Potential Rare opportunity in the highly sought-after Maplewood neighbourhood of Saanich. Situated on a large, level lot surrounded by mature trees, this property presents outstanding potential for investors, builders, and developers looking to capitalize on the area’s strong demand and central location. With Saanich’s evolving SSMUH (Small-Scale Multi-Unit Housing) framework in place (buyer to verify details with the District of Saanich), this property offers exciting redevelopment possibilities. Whether you’re considering a holding investment, strategic redevelopment, or building a custom home, this flat and usable lot provides an excellent foundation for your vision. The existing home offers hardwood floors, a spacious living room with fireplace, separate dining area, and a functional kitchen. Two bedrooms are located on the main floor, along with a large covered deck overlooking the private yard. The unfinished basement provides additional space with potential suite options (buyer to verify), and the finished attic area is ideal for an office, studio, or flex space. The home could be renovated, rented, or removed to maximize the site’s potential. Located on a charming, quiet laneway-style street lined with character homes and beautiful oak trees, this property combines redevelopment upside with strong neighbourhood appeal. Maplewood is consistently one of Greater Victoria’s most desirable areas, offering convenient access to downtown Victoria, Uptown, UVIC, parks, schools, and major transit routes. Opportunities like this — flat, well-located lots with redevelopment flexibility — are becoming increasingly rare in Saanich. A prime investment for those looking to build, develop, or secure land in a premium neighbourhood. (id:62865)

Property Information

Status

Active

Year Built

1940

Property Type

House

Ownership

Freehold

Parking Spaces

2

Annual Tax

$5,273

Zoning

Residential

Parcel Number

007-944-250

Data Source

Victoria Real Estate Board

Interior Details

Bedrooms

2

Bathrooms

1

Living Area

2660 square feet

Above Grade Area

1579 square feet

Appliances

WasherRefrigeratorDishwasherStoveDryer
Exterior & Lot

Lot Size

12269.0 sqft

Lot Features

Level lotRectangular
Building & Utilities

Heating

Forced air, Oil

Cooling

None

$1,100,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
2Beds
1Baths
2660sqft
Listing Courtesy of

Office

Fair Realty

Mortgage Calculator
$220,000

Loan Amount:

$880,000

Estimated Monthly Payment:

$4,288

This is an estimate for informational purposes only. Consult with a financial advisor.